Feb 22, 2017 at 16:53 | Source: Moneycontrol.com
The salary hikes to be offered by companies in India in 2017 is projected to be at a eight-year low. According to a survey by Aon Hewitt, the average pay hikes will be at 9.5 percent across industries. It was 10.2 percent in 2016.
Feb 16, 2017 at 13:34 | Source: CNBC-TV18
Analysts at Standard Chartered expect GDP growth in India to be slow at 7.2 percent for financial year 2018 as against 7.5 percent estimated by a majority of other economists.
Feb 16, 2017 at 08:28 | Source: Reuters
Boston Fed President Eric Rosengren, a long-time dove who last year switched tack and began pushing for tighter monetary policy, said he expects the US central bank to raise rates "at least as quickly" as the median Fed forecast from December.
Feb 15, 2017 at 15:56 | Source: Moneycontrol.com
President Trump had been very vocal about the Fed Chair aiding the outgoing administration by keeping rates low for longer. Since the end of the 2007-09 recession, the Fed has raised rates once in December 2015 and again in December of last year.
Feb 13, 2017 at 10:34 | Source: Reuters
Data on Monday showed the world's third-largest economy grew an annualised 1.0 percent in October-December, roughly in line with the 1.1 percent increase markets had expected, following a revised 1.4 percent expansion in July-September.
Feb 07, 2017 at 14:42 | Source: PTI
According to PwC, E7 economies comprising Brazil, China, India, Indonesia, Mexico, Russia and Turkey would grow at an annual average rate of almost 3.5 per cent over the next 34 years, compared to just 1.6 per cent for the advanced G7 nations of Canada, France, Germany, Italy, Japan, the UK and the US.
Jan 30, 2017 at 08:32 | Source: PTI
Asian economic majors Japan and China continued to be the two top holders of US government securities. While Japan's holding touched USD 1.11 trillion that of China was tad lower at USD 1.05 trillion last November.
Jan 30, 2017 at 08:26 | Source: PTI
With the growth momentum hit hard by the notes ban, Nomura had earlier projected GDP growth to dip to 6.9 percent in 2017 from 7.1 percent in 2016, with a sharp slowdown in the first half of the current year.
Jan 28, 2017 at 07:43 | Source: Reuters
The Dow Jones Industrial Average fell 7.13 points, or 0.04 percent, to 20,093.78, the S&P 500 lost 1.99 points, or 0.09 percent, to 2,294.69 and the Nasdaq Composite added 5.61 points, or 0.1 percent, to 5,660.78.
Jan 27, 2017 at 21:08 | Source: PTI
The US economy lost momentum in the final three months of 2016, closing out a year in which growth turned in the weakest performance in five years.